For release: 17 Mar 2008
EDS Ethics Program Recognized For Excellence
Think-Tank Ranks EDS As Having One of the “Best Overall Government Contractor Ethics Programs”
PLANO, Texas – EDS has been recognized as having one of the “Best Overall Government Contractor Ethics Programs” by the Ethisphere Institute, a think-tank dedicated to the research and promotion of best practices in business ethics and compliance.
The ranking recognizes U.S. government contractors that have strong leadership in ethics and compliance, implement robust ethics controls and foster a culture valuing ethical behavior.
EDS is among seven elite companies out of more than 1,000 firms analyzed that received “excellent” program scores with a rating above 90 percent.
“Ethical behavior is a core value at EDS and we are honored to be recognized for our ethics and compliance program,” said Chris Carlson, EDS' Ethics and Compliance Officer. “We are proud the culture at EDS recognizes the importance of doing business ethically and in compliance with the law.”
Researchers from the Ethisphere Institute analyzed more than 1,000 U.S. federal government contractors as part of the 2008 ratings. The study took into account new Federal Acquisition Regulation (FAR) rules regarding U.S. government contractors' ethics programs, key Federal Sentencing Guidelines, “hallmarks” for effective compliance programs and industry best practices.
“Oftentimes, government contractors are portrayed in a negative light in the news because of a few bad apples' actions,” said Alex Brigham, executive director of the Ethisphere Institute. “While there are some contractors to whom ethics means little, we have found that there are many more that rightfully pride themselves on their ethical business practices. They should be a shining example to others in the industry.”
The institute's rankings are based on an objective analysis of code of ethics and business conduct, leadership and tone from senior management, internal control systems, and ethics training and communication programs.
The rankings are published in the March 15 issue of Ethisphere Magazine.
About The Ethisphere Institute
The Ethisphere Institute, with the support of its keystone partners LexisNexis, the Practising Law Institute, Red Flag Group, the National Association of Corporate Directors, Trace International, the Global Reporting Initiative, Corpedia, and associated membership group, the Ethisphere Council, was founded in 2006. Dedicated to the research, creation, and sharing of best practices in business ethics, compliance, sustainability, and corporate governance and citizenship, the Council is comprised of over 200 institutions and corporations, including Deutsche Telekom, Time Warner, Avaya and Kraft. Ethisphere Magazine is the quarterly publication of the Institute, created to illuminate the important correlation between ethics and profits. The motto of the Institute is “Good. Smart. Business. Profit.” and more information on membership can be found at http://www.ethisphere.com.
About EDS
EDS is a leading global technology services company delivering business solutions to its clients. EDS founded the information technology outsourcing industry 45 years ago. Today, EDS delivers a broad portfolio of information technology and business process outsourcing services to clients in the manufacturing, financial services, healthcare, communications, energy, transportation, and consumer and retail industries and to governments around the world. Learn more at eds.com.
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